Cassaday & Co Wealth Management LLC Sells 3,110 Shares of iShares Russell 1000 Value ETF $IWD

Cassaday & Co Wealth Management LLC trimmed its position in iShares Russell 1000 Value ETF (NYSEARCA:IWD) by 0.7% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 428,406 shares of the exchange traded fund’s stock after selling 3,110 shares during the period. iShares Russell 1000 Value ETF comprises approximately 2.0% of Cassaday & Co Wealth Management LLC’s holdings, making the stock its 12th largest holding. Cassaday & Co Wealth Management LLC owned about 0.13% of iShares Russell 1000 Value ETF worth $87,219,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bedel Financial Consulting Inc. raised its position in shares of iShares Russell 1000 Value ETF by 5.5% during the third quarter. Bedel Financial Consulting Inc. now owns 4,749 shares of the exchange traded fund’s stock worth $967,000 after acquiring an additional 246 shares during the last quarter. Ballast Inc. increased its position in iShares Russell 1000 Value ETF by 3.2% in the third quarter. Ballast Inc. now owns 39,175 shares of the exchange traded fund’s stock worth $7,976,000 after purchasing an additional 1,201 shares during the period. Texas Yale Capital Corp. increased its position in iShares Russell 1000 Value ETF by 2.7% in the third quarter. Texas Yale Capital Corp. now owns 3,460 shares of the exchange traded fund’s stock worth $704,000 after purchasing an additional 90 shares during the period. Addison Advisors LLC raised its holdings in iShares Russell 1000 Value ETF by 6.2% during the 3rd quarter. Addison Advisors LLC now owns 1,327 shares of the exchange traded fund’s stock worth $270,000 after purchasing an additional 77 shares during the last quarter. Finally, Main Street Group LTD raised its holdings in iShares Russell 1000 Value ETF by 2,562.5% during the 3rd quarter. Main Street Group LTD now owns 213 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 205 shares during the last quarter. 84.93% of the stock is owned by institutional investors and hedge funds.

iShares Russell 1000 Value ETF Trading Up 0.7%

Shares of NYSEARCA IWD opened at $223.71 on Tuesday. The firm has a market capitalization of $69.70 billion, a PE ratio of 18.83 and a beta of 0.89. iShares Russell 1000 Value ETF has a 1 year low of $163.19 and a 1 year high of $226.39. The firm’s 50-day moving average is $216.54 and its 200-day moving average is $207.64.

iShares Russell 1000 Value ETF Profile

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index). The Index represents approximately 50% of the total market capitalization of the Russell 1000 Index. The Index measures the large-capital value sector of the United States equity market.